2024 Build to Scale
ID: 356368Type: Posted
Overview

Buyer

Economic Development Administration (DOC-EDA)

Award Range

$1 - $5M

Eligible Applicants

Private Institutions of Higher Education

Funding Category

Regional Development

Funding Instrument

Grant

Opportunity Category

Discretionary

Cost Sharing or Matching Requirement

Yes

Original Source

https://grants.gov/search-results-detail/356368

Additional Information

https://www.eda.gov/funding/programs/build-to-scale
Timeline
    Description

    The Economic Development Administration (EDA) is inviting applications for the 2024 Build to Scale grant program, aimed at supporting organizations that foster technology and innovation-driven high-growth companies. This program seeks to enhance public and private capacity for entrepreneurs to develop and commercialize new products and services in critical and emerging sectors, thereby accelerating regional economic growth and increasing access to capital for technology-enabled entrepreneurs. With an estimated total program funding of $50 million and an award ceiling of $5 million, the EDA expects to make approximately 40 awards, with applications due by October 28, 2024. For further details, applicants can reach out to the EDA at oie@eda.gov or visit the program's website at https://www.eda.gov/funding/programs/build-to-scale.

    Point(s) of Contact
    oie@eda.gov
    Files
    Title
    Posted
    CD511-V1.1.pdf
    The document outlines the certification requirements regarding lobbying for applicants seeking federal grants, contracts, or cooperative agreements exceeding specified monetary thresholds, under the jurisdiction of the U.S. Department of Commerce. It mandates that applicants certify, to the best of their knowledge, that no federal funds have been used for lobbying activities directed at government officials concerning the awarded grant or agreement. If other funds have been used for lobbying, applicants must disclose this via Standard Form-LLL. The document emphasizes that these certifications are a material representation of fact and conditions for entering agreements. Non-compliance can result in significant civil penalties ranging from $10,000 to $110,000, depending on the timing of the infraction. Moreover, it necessitates that the certification language be included in all subawards, ensuring compliance at all tiers. This certification process aims to ensure accountability and transparency in how federal funds are influenced and utilized, thus promoting ethical standards in government transactions.
    Non-Construction_Budget_Narrative_OPTIONAL_Template.xlsx
    The document serves as an optional budgeting template for applicants seeking federal grants, specifically from the Economic Development Administration (EDA). It outlines the requirements for submitting project costs, including substantiation of expenses to determine their reasonableness and necessity in relation to the project’s goals. The template is structured to facilitate the completion of several key components, such as a Staffing Plan, Budget Narrative, Timeline, and details on Subawards. The budget overview includes personnel costs, fringe benefits, travel, equipment, supplies, and contractual obligations. Each category requires detailed input, including descriptions, justifications, and expected useful life for items like equipment. Additionally, it defines what constitutes a subcontract versus a subaward and emphasizes adherence to federal regulations for reimbursement. The document highlights the importance of clarity in budget justification, adherence to procurement standards, and proper documentation of matching contributions. It aims to guide applicants in preparing comprehensive budget submissions that reflect the total project expenses while meeting EDA requirements, thereby enhancing the potential for funding approval. Overall, it serves as a crucial tool in the federal grant application process.
    SFLLL_1_2_P-V1.2
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